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Auto sector safe but parts to feel US tariff heat
The New Indian Express Dharmapuri
|March 28, 2025
Trump signs executive order to impose 25% import duty on automobiles and auto parts
THE Trump administration on Wednesday announced a 25% import duty on completely built-up automobiles and auto parts, with effect from April 3. While the decision has sent shockwaves through the global auto industry, the reaction in India has been mixed. At first look, the broader Indian auto industry seems largely insulated, but the auto component sector, which currently attracts just 2.5% duty, will feel the tariff heat in the short term.
Diese Geschichte stammt aus der March 28, 2025-Ausgabe von The New Indian Express Dharmapuri.
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The New Indian Express Dharmapuri
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The New Indian Express Dharmapuri
Door-delivery of rations: Staff bear the brunt as transport cost exceeds allocation
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The New Indian Express Dharmapuri
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2 mins
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